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Aug 2, 2013
08/13
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and right now, get this limited edition hoveround america travel mug free with your hoveround delivery. [singing] hoveround takes me where i wanna go. call or log on to hoveround.com to find out where a hoveround can take you! >>> watching "worldwide exchange." i'm ross westgate. a recap of the headlines, the u.s. is expected to report a fourth straight month of solid job gains in july. another encouraging sign, still sluggish economy. >>> the world's biggest automaker raises its outlook after posting record earning s due to strong u.s. sales and a weaker yen. >>> the bank is swinging to 1.4 billion pounds pretax profit in the first half. >>> silvio berlusconi media set trades lower as his tax fraud conviction is upheld. the cfo told cnbc that the former prime minister has no influence on the company. >> we are a normal company. we are a listed company with normal shareholders. the relationship between the company and mr. berle scone is a nrmal relationship between the company and a shareholder. >>> all right. just joining us state side, warm welcome to you. welcome to jobs friday. dow
and right now, get this limited edition hoveround america travel mug free with your hoveround delivery. [singing] hoveround takes me where i wanna go. call or log on to hoveround.com to find out where a hoveround can take you! >>> watching "worldwide exchange." i'm ross westgate. a recap of the headlines, the u.s. is expected to report a fourth straight month of solid job gains in july. another encouraging sign, still sluggish economy. >>> the world's biggest...
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Aug 7, 2013
08/13
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diageo talked about that and was key to emphasize america. is there a sense that some of those stocks that had -- we were buying because they had emerging market growth have suffered slightly? >> chinese economy has gone through a massive change at the moment and will continue to go through a massive change. they have got to make this transition from a very construction, infrastructure led economy to more consumer based economy. and that will not be frictionless. that will be bumps along the way. i'm not saying they can't do it, but will not be frictionless. the chinese have to get much more engaged with the economy. and they'll have to stimulate growth in other areas other than just moving roads, trains, bridges, et cetera. they have to really -- >> also the core inflation report today out of the bank of england. waiting to see if we get forward guidance. they'll try to anchor the short end of the bond market. what is your view of gilts at the moment and what is happening with bond funds? >> short-term, long-term, today the inflationary repo
diageo talked about that and was key to emphasize america. is there a sense that some of those stocks that had -- we were buying because they had emerging market growth have suffered slightly? >> chinese economy has gone through a massive change at the moment and will continue to go through a massive change. they have got to make this transition from a very construction, infrastructure led economy to more consumer based economy. and that will not be frictionless. that will be bumps along...
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Aug 1, 2013
08/13
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viewers in america, have a good day. we'll hand you over to "squawk box" with the countdown to the opening of the markets state side. that's it for now. [ male annou. time to have new experiences with a familiar keyboard. to update our status without opening an app. to have all our messages in one place. to browse... and share... faster than ever. ♪ it's time to do everything better than before. the new blackberry q10. itime. >>> good morning. it is all about the economy in the u.s. weekly jobless claims top today's agenda and you know what's coming tomorrow. and then in europe, key interest rate decisions from the boe and ecb. and in a surprise today, china's official data showing the country's manufacturing sector expanded last month. it's thursday -- is it august? it is. thursday, august 1st, 2013. "squawk box" begins right now. ♪ >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick with joe kernen and andrew ross sorkin who is happy to be back. >> i don't know if i'm happy to be back
viewers in america, have a good day. we'll hand you over to "squawk box" with the countdown to the opening of the markets state side. that's it for now. [ male annou. time to have new experiences with a familiar keyboard. to update our status without opening an app. to have all our messages in one place. to browse... and share... faster than ever. ♪ it's time to do everything better than before. the new blackberry q10. itime. >>> good morning. it is all about the economy in...
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Aug 15, 2013
08/13
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in the americas, things are going pretty well as they are in northern europe. in southern europe, not as well. in japan, where cisco was doing very well last year, now they have some tough comparisons. also in the rest of asia, it is just a mixed bag. china is an area where cisco continues to have trouble. ceo john chambers said on the conference call cisco is committed to delivering on the financial targets they set, like gross margins being above 60%, like earnings growing faster than revenue in most quarters, well managed businesses do that, he said. and therefore that necessitates the making of the cuts so they are able to roll with the punches and the changes in this environment. he also said that cisco is taking too long to make decisions. he's going to cut out some layers that are slowing cisco down. but the stock tumbled at one point more than 10% after hours. if that is indeed where the stock opens later today, it will be back to the levels where it was back in may. guys, back to you. >> here is a quick look at cisco shares in germany, off by some 8.1%
in the americas, things are going pretty well as they are in northern europe. in southern europe, not as well. in japan, where cisco was doing very well last year, now they have some tough comparisons. also in the rest of asia, it is just a mixed bag. china is an area where cisco continues to have trouble. ceo john chambers said on the conference call cisco is committed to delivering on the financial targets they set, like gross margins being above 60%, like earnings growing faster than revenue...
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Aug 21, 2013
08/13
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bubble will burst and we'll see a systematic financial crisis like the subprime crisis that occurred in america in 2008. >> reporter: with china now in one of the biggest credit booms in modern history. eunice yoon, cnbc, beijing. >>> we may be seeing the effects of a slower economy on chinese lenders as they begin to report earnings. we're still expecting results from bank of communications today ahead of china construction bank on friday. analysts are expecting much slower growth from the low single digits on the year as china's merchant bank reported lower profits last week. a rise in bad loans and interest rate forum could put a dent in the bank's profitability. mike warner is senior equity analyst at sanford bernstein. he joins us now from hong kong. mike, thank you so much for taking the time to speak to us this morning. how do you think will chinese bank earnings season shape up? >> i think the results are going to be slightly higher than expected. but we are seeing a slowdown. the profit growth in the mid to high teens simply will not be there anymore for the banks. that's coming down t
bubble will burst and we'll see a systematic financial crisis like the subprime crisis that occurred in america in 2008. >> reporter: with china now in one of the biggest credit booms in modern history. eunice yoon, cnbc, beijing. >>> we may be seeing the effects of a slower economy on chinese lenders as they begin to report earnings. we're still expecting results from bank of communications today ahead of china construction bank on friday. analysts are expecting much slower...